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Q. Giant faces stiff competition from Bigger Batteries, Inc., another battery manufacturer. To acquire control over Bigger, Giant makes a tender offer to Bigger's shareholders. If Giant succeeds in its attempt and Bigger is merged into Giant, will the merger violate any antitrust laws? Suppose the merger falls through. The vice president of Giant's battery division and the president of Bigger agree to divide up the market between them so they will not have to compete for customers. Is this agreement legal? Fully explain.

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